IRC: F56:34:893:2017

The Manager
Bombay Stock Exchange Limited
25* Floor, P J Towers,
Dalal Street, Mumbai 40000 1.

Sir,

Sub: Intimation of fmation of record date to ascertain the eligible equity

shareholders and eligible employees for the purposes of the proposed Issue of
the Bank

We wish to inform you that the Capital Raising Committee of the Bank at its
meeting held today i.e. 03.10.20 17, fixed October 13, 2017 a s the Record Date for
the purpose of determining the Eligible Equity Shareholders to apply for Rights
Equity Shares in the Issue a s also to determine the Eligible Employees of the Bank
to apply for the Employee Reservation portion of the Issue.

Please take on record of the same

Yours f a i w y ,

d
Srinivasarao M
Company Secretary &
Asst. General Manager

THE KARUR VYSYA BANK LIMITED

Investor Rehiom (dl, Regirtwed L Central Ofke,
Code Road, KARUR - 639 002.
0 :04324-269440-44, ~m : nnw
Lmil :kvbrhares@kvbmail.m
Webrite :wv.kvb.to.in
ON : 165110TN1916Pl01295
-
 -(KVB) Karur Vysya Bank
I. Brief Synopsis of the Rights Issue of the Bank
- -
T -- Details
1:6 i.e. 1 (One) Equity Share for every 6 (Six)
1
0 1. Rights Entitlement Equity Shares held by the Eligible Equity
Shareholders on the record date.

1 02. 1 Face Value of Equity Shares ( t 21- 1

1 03. 1 Premium I 7 741- I
1 04. 1 Issue Price I t 761- 1
Record Date October 13, 2017
Equity Shares being offered by
Up to 11,87,81,048 Equity Shares aggregating
our Bank pursuant to the
u p to ? 902.74 crores
Issue
Of which: Up to 1,71,60,000 Equity Shares aggregating u p
Employee Reservation Portion to t 130.42 crores
Up to 10,16,21,048 Equity Shares aggregating
Net Issue (Rights Issue)
u p to ? 772.32 crores

I 07. 1 Equity Shares issued and

outstanding prior to the Issue
Equity Shares subscribed,
Up to 60,97,26,285 Equity Shares

08. paid-up and outstanding prior Up to 60,93,22,270 Equity Shares

to the Issue
Equity Shares issued and
outstanding after the Issue
09. (assuming full subscription for Up to 72,85,07,333 Equity Shares
and Allotment of the Equity
Shares)

L1
Equity Shares subscribed,
paid-up and outstanding after
the Issue (assuming
subscription for and Allotment
of the Equity Shares)

Terms of Payment
Up to 72,81,03,318 Equity Shares

The entire Issue Price, being 7 76 per Equity

Share, is payable on Application.

THE KARUR VYSYA BANK LIMITED

lnvarfw Rekitions (el, Registered 8 (entml O h e ,
Erode Rwd, KARUR - 639 002.
0 :04324269440-44, ~ mnnoo :
Lmail :kvbshares@kvbmail.mm
Website :mm.kvb.co.in
CIH : 16511UN1916PL1001295
 KVB) Karur Vysya Bank
0 ,,
I ~ r . ~7 Particulars 1 ' '- Detads I
For Equity Shares being offered on a rights basis
under this Issue, if the shareholding of any of the
Eligible Equity Shareholders is less than 6 (six)
Equity Shares or is not in multiples of 6 (six),the
fractional entitlement of such Eligible Equity
Shareholder shall be ignored for computation of
the Rights Entitlement. Eligible Equity
Shareholders whose fractional Rights
Entitlements are being ignored would be given
preference in Allotment of 1 (one) additional fully
paid-up Equity Share each if they apply for
additional Equity Shares.
Also, those Eligible Equity Shareholders holding
less than 6 (six) fully paid-up Equity Shares, i.e.
holding u p to 5 (five) fully paid-up Equity Shares,
and therefore entitled to 'zero' fully paid-up
Equity Shares under this Issue shall be
dispatched a CAF with 'zero' entitlement. Such
Eligible Equity Shareholders are entitled to apply
Treatment of Fractional
for additional Equity Shares and would be given
Entitlement
preference in the allotment of 1 (one) additional
Equity Share if, such Eligible Equity
Shareholders have applied for the additional
Equity Shares. However, they cannot renounce
the same to third parties. CAFs with zero
entitlement shall be non-negotiable/ non -
renounceable.
.4n illustration stating the Rights Entitlement for
number of Equity Shares is set out below:
-
Number of Equity
Shares held a s on R ititlemer~t
Record Date -

In respect of Employees Reservation Portion

Fractional Entitlement does not arise.

11. We hereby confirm that the Rights Issue is fully paid up.
111. We hereby undertake the responsibility of Completion of Rights Issue and
Compliance with ICDR requirements regarding fast track issue.

THE KARUR VYSYA BANK LIMITED

Investor Rektions MI, Registered 8 Centml Ofh,
Erode Rmd, KARUR - 639 002.
0 : 04324-269440-44, hx :225700
Lmail :kvbsheres@kvbmail.mm
Website :w.kvb.m.in
OH: L65110TN1916PL(001295
.
 KVB) Karur Vysya Bank

CERTIFIED TRUE COW OF THE EXTRACT OF THE RESOLUTIONS

PASSED AT THE MEETING OF THE BOARD OF DIRECTORS OF THE
BANK HELD ON 29.05.2017

"RESOLVED THAT pursuant to Section 62 (1) (a) and other applicable

provisions of the Companies Act, 2013, a s amended, Securities and
Exchange Board of India (Issue of Capital and Disclosure Requirements)
Regulation, 2009, a s amended, Memorandum and Articles of Association of
the Bank and the Listing Agreement entered into by the Bank with the Stock
Exchange where the shares of the Bank are listed and such other
authorities a s may be necessary and such terms, conditions and
modifications a s may be prescribed in granting such approval which may be
agreed to by the Board of Directors of the Bank a s it may deem fit, the
consent and approval of the Board be and is hereby accorded to create,
offer, issue and allot upto 10,16,21,048 (Ten crore sixteen lakh twenty one
thousand forty eight) equity shares of t 21- each a t a premium o f t 741- per
share on Rights basis on such t e r n s and conditions as may be prescribed
by the Board of Directors in the proportion of One equity shares for every
Six equity shares of the Bank held by the shareholders and beneficial
owners on such date (herein after referred to a s Record Date) to be futed by
the Board of Directors.

RESOLVED FURTHER THAT the entire Issue Price, being 7 76 per Equity
Share, is payable on Application.

RESOLVED FURTHER THAT the new Equity Shares shall rank pari passu
in all respects with the then existing shares of the Bank including right to
receive dividend.

RESOLVED FURTHER THAT the Board of Directors be and is hereby

authorized and empowered to dispose off and allot any Rights Shares
remaining un-subscribed by the existing equity shareholders entitled thereto
or remaining undisposed to such persons whether shareholders of the Bank
or not, a s the Board in its absolute discretion deems fit.

THE KARUR VYSYA BANK LIMITED

Investor Rektiaa (dl, Registered & Cenhtll Office,
Erode Rwd, KARUR - 639 OM.
0 :04314-269440-44, ~m :nnoo
€mil:kvbrhores@kvbmail.cwn
Website :www.kvb.to.in
ON :L65110TN1916PL1001295
 Karur Vysya Bank

RESOLVED FURTHER THAT for the purpose of giving effect to this

Resolution, the Board of Directors be and is hereby empowered to prescribe
and issue suitable Letter of Offer, Composite Application Form and other
documents and to prescribe various terms and conditions in respect of the
rights issue and allotment of equity shares and to give such other directions
a s the Board may deem fit and proper including any modification/s in the
terms and conditions of the issue of the new equity shares and further the
Board of Directors be and is hereby authorized to do all acts, deeds, matters
and things as may be deemed necessary, usual, desirable, proper or
expedient, including to prescribe, fmalise, approve use of such forms and
documents as may be required and to settle any questions, difficulties or
doubts, if any that may arise in regard to the offer, issue and allotment of
the Rights Shares, the decision of the Board of Directors shall be final,
conclusive and binding on all members and other interested persons."

RESOLVED THAT the Board of Directors of the Bank be and is hereby

authorised to issue equity shares to the employees of the Bank along with
the proposed rights issue of the bank in pursuance of the reservation made
under Regulation 5 5 A of the SEBI (ICDR) Regulations, subject to other
applicable provisions of these regulations, a t the same price as of the Rights
Issue i.e., f 761- per equity share (inclusive of a Share Premium o f t 741-
per share), as per the provisions of Section 62(l)(c)of the Companies Act,
2013 read with Explanation to Rule 13(1) of Companies (Share Capital and
Debentures) Rules, 2014 subject to the approval of the shareholders by
passing a special resolution.

RESOLVED FURTHER THAT the MD&CEO, CFO and the Company

Secretary of the Bank be and is hereby severally authorised to take such
steps a s may be necessary for obtaining approvals, statutory, contractual or
otherwise, in relation to the above and to settle all matters arising out of and
incidental thereto, and to execute all deeds, applications, documents and
writings that may be required, on behalf of the Bank and generally to do all
acts, deeds, matters and things that may be necessary, proper, expedient or
incidental for the purpose of giving effect to this resolution."

For THE KARUR WSWANK LTD.,

Company Secretary 6 Asst. General Manager.

THE KARUR VYSYA BANK LIMITED

Invertor R e h Cd,Registered B Central Office,
-
Erode Road, KARUR 639 002.
0 :0432~69440-44, :nnoo
Email :kvbrhorer@kvbmail.com
Website :mm.kvb.to.in
CIN : 165110TN1916PLC001295
-
 KVB) Karur Vysya Bank

CERTIFIED TRUE COPY O F THE EXTRACT O F THE RESOLUTIONS

PASSED AT THE MEETING O F THE BOARD OF DIRECTORS OF THE
BANK HELD ON 25.09.2017
'RESOLVED THAT the Board of Directors of the Bank be and is hereby
accorded to create, offer, issue and allot u p to 1,71,60,000 (One crore
seventy one lakh sixty thousand) equity shares of 7 21- each face value of
the Bank to the Eligible Employees of the Bank in pursuance to reservation
made under Regulation 5 5 A of SEBI ICDR Regulations along with the
proposed rights issue of Equity Shares ('Employees Reservation Portion') a t
the same price a s of the Rights Issue i.e., T 761- per equity share (inclusive
of a Share Premium of t 741- per share)."
"RESOLVED FURTHER THAT the entire Issue Price, being 7 76 per Equity
Share, is payable on Application".
"RESOLVED FURTHER THAT pursuant to Regulation 5 5 A of the SEBI ICDR
Regulations the value of allotment to any eligible employee shall not exceed
t 2,00,000."
"RESOLVED FURTHER THAT MDkCEO, all permanent and full time
employees of the Bank (including a director of the Bank, whether whole-time
or part-time, other than the Promoters of the Bank) who satisfies the criteria
a s on a Record Date to be futed a t a later date and who continue to be in
such employment till the date of allotment are eligible ("Eligible Employees")
for the issue of shares under Employees Reservation Portion, but excludes
persons not eligible under applicable laws, rules, regulations and
guidelines."
"RESOLVED FURTHER THAT the issue of shares under Employees
Reservation Portion shall be opened and closed for subscription to the
eligible employees along with the opening and closing of the proposed Rights
Issue."
"RESOLVED FURTHER THAT in the event of under-subscription in the
Employee Reservation Portion, the unsubscribed portion would be added to
the Net Issue".
"RESOLVED FURTHER THAT the Company Secretary and CFO (GM-FCD)be
and are hereby severally authorised to issue Employees Application Form
(EAF) to the eligible employees of the Bank for subscription to the shares
under Employees Reservation Portion."

For THE KARUR #&

!A BANK LTD.,

THE KARUR W S Y A BANK LIMITED

Investor Relations Cen, RegMered & Central Office,
Company Secretary 6 Aut. General Manager.
Erode Road, KARUR - 639 002.
0 :04324-269440-44, ~m :nnw
Lmail: kvbshores@kvbmail.mm
Webrite :mv.kvb.to.in
ON :L65110TN1916PLCM)1295
-.... . ~. .,
4